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Dutch lenders' share of home-loan market down

Homebuyers turning to funds backed by institutional investors

Published Wed, Feb 10, 2016 · 09:50 PM
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Amsterdam

DUTCH banks' share of the nation's mortgage market dropped to a record low last year as homebuyers turned to funds backed by institutional investors.

Rabobank, ING Groep NV and ABN Amro Group NV's home loans business fell by a combined 3.3 percentage points to 52.3 per cent of the Dutch market, while the share of mortgages originated by funds for institutional investors grew 5.7 percentage points to 22 per cent, according to a report by research firm IG&H Consulting BV.

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